tiprankstipranks
Trending News
More News >

Suruga Bank Reports Strong Profit Growth and Increased Dividends

Story Highlights
Suruga Bank Reports Strong Profit Growth and Increased Dividends

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Suruga Bank ( (JP:8358) ).

Suruga Bank reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight decrease in ordinary income but notable increases in ordinary profit and profit attributable to owners of the parent. Despite a decrease in total assets, the bank improved its equity-to-asset ratio, indicating a stronger financial position. The bank also announced an increase in cash dividends per share, reflecting a commitment to returning value to shareholders. The financial results suggest a positive outlook for Suruga Bank, with implications for improved stakeholder confidence and potential growth in the coming fiscal year.

More about Suruga Bank

Suruga Bank, Ltd. is a financial institution listed on the Tokyo Stock Exchange, primarily engaged in providing banking services. The company operates within the financial industry, focusing on offering a range of banking products and services to its customers.

YTD Price Performance: 16.72%

Average Trading Volume: 730,243

Technical Sentiment Signal: Buy

Current Market Cap: Yen250.9B

See more insights into 8358 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1